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WHY ROI is still a challenge in DIGITIZATION ??

Am sure Max of us must be agree or experienced the below challanges in their Digital Journey .

Digital Practices are gaining acceptance especially in the finance and telecom industries however with my experience and in sync with Sr. Executives , there are
plenty RPA failure stories, too. More than 40% of RPA projects fail to deliver expectations in terms of

    implementation time
    implementation cost
    cost savings due to RPA
    benefits to analytics

Here I outlined few common pitfalls that lead to these gaps between reality and expectations.

Organizational pitfalls:

    1- Lack of time commitment from local team
    2- Lack of leadership buy-in
    3- Lack of IT support
    4- Lack of support from Analytics/Data function
    5- Lack of support from HR
    6- Unclear responsibilities
    7- Company lacking a clear Digital strategy


Process pitfalls:

    8- Choosing a process that changes frequently
    9- Choosing a process with insignificant business impact
    10- Choosing a process where errors are disproportionately costly
    11- Choosing a process that involves higher level cognitive tasks
    12- Choosing a complex process. Though its sub-processes are simple, process itself may be complex if it has too many sub-processes
    13- Choosing a process where better custom solutions exist
    14- Striving for end-to-end automation when it is not cost-effective

Implementation pitfalls:

    15- Pursuing in-house RPA development with in-house teams that do not have enough capacity

Technical pitfalls:

    16- Choosing a solution that requires intensive complicated schnearios.
    17- Not relying on availed marketplaces and other readily available tools
    18- Choosing a solution that did not demonstrate scalability

Post-implementation pitfalls:

    19- Not building for scalability
    20- Not taking maintenance needs into account

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